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On December 31, 2014, XYZ Corporation showed the following (All of the shares had been issued early in 2013) XYZ Corporation Equity Section of Balance

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On December 31, 2014, XYZ Corporation showed the following (All of the shares had been issued early in 2013) XYZ Corporation Equity Section of Balance Sheet December 31 2014 Contributed capital Preferred shares $7.00 unlimited shares authorized 10,000 shares issued and outstanding 110,000 Common shares, unlimited shares authorized 140,000 shares issued and outstanding Total contbuted capital 810,000 Retained eamings 290,000 Total equity 1.100.000 700.000 a) Calculate book value per common share and preferred share at December 31, 2014 assuming no dividends were declared for the years ended December 31 2013 and 2014 and that the preferred shares are Preferred shares are non-cumulative Book value per common share Book value per preferred share Preferred shares are cumulative Book value per common share_ Book value per preferred share b) Calculate book value per common share and preferred share at December 31, 2014 assuming total dividends of $83.000 were declared and paid in each of the years ended December 31, 2013 and 2014 and that the preferred shares are Preferred shares are non-cumulative Preferred shares are cumulative Book value per common share Book value per common share Book value per preferred share Book value per preferred share

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